Landstar System News

If there's a distinguishing factor about the freight brokers and logistics companies of the Transportation Intermediaries Association, it's their size.

Landstar System 's President and CEO said companies will rely in coming years more on their chief financial officers as federal regulation increases.

Landstar System, Inc. reported 2009 third quarter net income of $20.1 million, or $0.39 per diluted share, from revenue of $500.7 million.

Landstar System suffered a 38.7 percent decline in net profit in the third quarter, to $20.1 million, on a sharp drop in shipping demand across its trucking and brokerage businesses, the truckload operator reported Thursday.

While Landstar System, Jacksonville, Fla., saw some signs of stabilization in the third quarter, its net income and revenue still took a hit from the recession.

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Landstar President and CEO, Henry Gerkens will present an overview of the Company, including its variable cost non-asset-based business model, and provide an update with respect to the current level of business activity.

Transplace, which provides transportation management services and logistics technology solutions, has hired Steve Robinson as senior vice president of operations.

Trico Products, which manufactures wiper blades and systems, has brought on Danielle Orlando as marketing manager, aftermarket.

Shoe and apparel company Nike Inc. said Monday that Jim Allaker will take over as the new CEO and president of Umbro.

Trincon Group, which provides national transportation advisory services, has promoted Jim Buchanan to vice president of operations.

Landstar System Inc. said Tuesday it has named two co-chief operating officers who will split their responsibilities for the company's operations.

Landstar System Inc. said Tuesday it has named two co-chief operating officers who will split their responsibilities for the company's operations.

Landstar System, a non-asset based provider of integrated supply chain solutions, and newly-acquired National Logistics Management, have been honored as Top 100 3PLs by Inbound Logistics.

Landstar System, Inc., a non-asset based provider of integrated supply chain solutions that delivers safe, specialized transportation, warehousing and logistics services, today announced that Landstar and newly-acquired National Logistics Management have both been recognized by Inbound Logistics as Top 100 3PLs.

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